Bashundhara Group controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2025
Asset-freezing order and anti-corruption investigation
A Dhaka court ordered the freezing of shares and bank accounts connected to Ahmed Akbar Sobhan and family members after an Anti-Corruption Commission petition concerning alleged unexplained wealth and money laundering.
2025
Alleged forged port-waiver letter
A Bashundhara official was jailed in a case alleging that a forged Ministry of Shipping letter was used to seek a reduction in port storage charges for imported steel containers.
2025
Alleged overseas money transfers and unexplained wealth
The Anti-Corruption Commission reported allegations involving assets beyond known income and transfers to overseas jurisdictions. The reported figures and claims remained matters for investigation and legal process.
2009
Fatal fire at Bashundhara City
A fire at Bashundhara City killed seven people and injured 20 others. The incident raised serious safety concerns concerning the group's flagship commercial property.
2007
Tax-evasion convictions involving the Sobhan family
Ahmed Akbar Sobhan, his wife and four sons were sentenced to prison in a tax-evasion case. During the subsequent political crisis, a management committee reportedly paid compensation to the government for previously evaded taxes, while Sobhan disputed aspects of the committee's authority.